XML 197 R182.htm IDEA: XBRL DOCUMENT v3.19.2
Segment reporting - Results of Operations (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Dec. 31, 2018
Segment Reporting Information          
Net Interest income (expense) $ 476,316 $ 414,136 $ 947,279 $ 807,183  
Provision (reversal) for loan losses 40,191 60,054 82,016 131,117  
Non interest Income 138,326 234,809 274,756 348,306  
Amortization of intangibles 2,371 2,324 4,683 4,649  
Depreciation expense 14,429 12,742 28,724 25,575  
Other operating expenses 346,215 322,602 677,028 629,446  
Income tax expense 40,330 (28,560) 90,553 (6,405)  
Net income (loss) 171,106 279,783 339,031 371,107  
Segment assets 50,617,221 47,535,177 50,617,221 47,535,177 $ 47,604,577
Reportable Segment          
Segment Reporting Information          
Net Interest income (expense) 486,125 428,196 966,314 835,461  
Provision (reversal) for loan losses 40,037 60,074 81,757 131,158  
Non interest Income 128,740 225,189 255,233 326,016  
Amortization of intangibles 2,346 2,324 4,634 4,649  
Depreciation expense 14,244 12,569 28,351 25,215  
Other operating expenses 349,032 300,590 678,203 586,203  
Income tax expense 40,848 (19,949) 91,439 6,987  
Net income (loss) 168,358 297,777 337,163 407,265  
Segment assets 50,307,503 47,241,054 50,307,503 47,241,054  
Intersegment Elimination          
Segment Reporting Information          
Net Interest income (expense) (61) (2) (57) 2  
Provision (reversal) for loan losses 0 0 0 0  
Non interest Income (140) (140) (281) (279)  
Amortization of intangibles 0 0 0 0  
Depreciation expense 0 0 0 0  
Other operating expenses (137) (137) (273) (273)  
Income tax expense 0 0 0 0  
Net income (loss) (64) (5) (65) (4)  
Segment assets (114,605) (110,936) (114,605) (110,936)  
Corporate          
Segment Reporting Information          
Net Interest income (expense) (9,809) (14,060) (19,035) (28,278)  
Provision (reversal) for loan losses 154 (20) 259 (41)  
Non interest Income 11,339 10,790 21,400 23,738  
Amortization of intangibles 25 0 49 0  
Depreciation expense 185 173 373 360  
Other operating expenses (1,944) 22,689 414 44,771  
Income tax expense (180) (8,423) (766) (13,435)  
Net income (loss) 3,290 (17,689) 2,036 (36,195)  
Segment assets 5,062,632 5,344,785 5,062,632 5,344,785  
Eliminations          
Segment Reporting Information          
Net Interest income (expense) 0 0 0 0  
Provision (reversal) for loan losses 0 0 0 0  
Non interest Income (1,753) (1,170) (1,877) (1,448)  
Amortization of intangibles 0 0 0 0  
Depreciation expense 0 0 0 0  
Other operating expenses (873) (677) (1,589) (1,528)  
Income tax expense (338) (188) (120) 43  
Net income (loss) (542) (305) (168) 37  
Segment assets (4,752,914) (5,050,662) (4,752,914) (5,050,662)  
Banco Popular de Puerto Rico | Reportable Segment          
Segment Reporting Information          
Net Interest income (expense) 411,549 352,721 818,906 684,989  
Provision (reversal) for loan losses 28,821 44,425 60,170 102,894  
Non interest Income 123,388 220,190 244,158 316,815  
Amortization of intangibles 2,180 2,158 4,302 4,317  
Depreciation expense 12,243 10,406 24,182 20,934  
Other operating expenses 297,428 254,921 578,126 495,450  
Income tax expense 36,751 (24,180) 82,127 1,667  
Net income (loss) 157,514 285,181 314,157 376,542  
Segment assets 40,698,293 37,883,250 40,698,293 37,883,250  
Banco Popular de Puerto Rico | Reportable Segment | Commercial Banking          
Segment Reporting Information          
Net Interest income (expense) 152,943 145,674 304,403 284,944  
Provision (reversal) for loan losses 2,855 9,754 863 30,447  
Non interest Income 25,696 23,930 49,285 36,492  
Amortization of intangibles 48 51 97 103  
Depreciation expense 4,897 4,341 9,551 8,630  
Other operating expenses 74,021 60,639 146,950 120,900  
Income tax expense 27,819 24,697 59,013 41,572  
Net income (loss) 68,999 70,122 137,214 119,784  
Segment assets 32,240,745 26,355,657 32,240,745 26,355,657  
Banco Popular de Puerto Rico | Reportable Segment | Consumer and Retail Banking          
Segment Reporting Information          
Net Interest income (expense) 257,301 205,795 511,969 397,229  
Provision (reversal) for loan losses 25,966 34,671 59,307 72,447  
Non interest Income 68,806 69,967 144,210 131,824  
Amortization of intangibles 1,074 1,071 2,146 2,140  
Depreciation expense 7,191 5,912 14,318 11,997  
Other operating expenses 207,925 172,031 400,595 334,521  
Income tax expense 5,486 11,732 17,229 19,189  
Net income (loss) 78,465 50,345 162,584 88,759  
Segment assets 23,582,849 21,007,705 23,582,849 21,007,705  
Banco Popular de Puerto Rico | Reportable Segment | Other Financial Services          
Segment Reporting Information          
Net Interest income (expense) 1,327 1,258 2,645 2,834  
Provision (reversal) for loan losses 0 0 0 0  
Non interest Income 29,654 23,764 52,188 46,213  
Amortization of intangibles 1,058 1,036 2,059 2,074  
Depreciation expense 155 153 313 307  
Other operating expenses 16,263 14,367 32,090 32,400  
Income tax expense 3,446 3,279 5,885 4,794  
Net income (loss) 10,059 6,187 14,486 9,472  
Segment assets 381,020 536,164 381,020 536,164  
Banco Popular de Puerto Rico | Reportable Segment | Eliminations          
Segment Reporting Information          
Net Interest income (expense) (22) (6) (111) (18)  
Provision (reversal) for loan losses 0 0 0 0  
Non interest Income (768) 102,529 (1,525) 102,286  
Amortization of intangibles 0 0 0 0  
Depreciation expense 0 0 0 0  
Other operating expenses (781) 7,884 (1,509) 7,629  
Income tax expense 0 (63,888) 0 (63,888)  
Net income (loss) (9) 158,527 (127) 158,527  
Segment assets (15,506,321) (10,016,276) (15,506,321) (10,016,276)  
PB | Reportable Segment          
Segment Reporting Information          
Net Interest income (expense) 74,637 75,477 147,465 150,470  
Provision (reversal) for loan losses 11,216 15,649 21,587 28,264  
Non interest Income 5,492 5,139 11,356 9,480  
Amortization of intangibles 166 166 332 332  
Depreciation expense 2,001 2,163 4,169 4,281  
Other operating expenses 51,741 45,806 100,350 91,026  
Income tax expense 4,097 4,231 9,312 5,320  
Net income (loss) 10,908 12,601 23,071 30,727  
Segment assets $ 9,723,815 $ 9,468,740 $ 9,723,815 $ 9,468,740